465th Street , Centerville, IA 52544(Appanoose County)

Great investment and return farm for sale in Appanoose County, Iowa. Located in northern Appanoose County, this 159+/- acre investment and recreational property is located just off Highway 5 between Moravia and Centerville, north of the Chariton River bottom. This Iowa investment land offers 159 acres of rolling ag land with a majority currently enrolled in the Conservation Reserve Program (CRP). Predominate soil types across the farm are Pershing and Armstrong and the 125 open acres offer a 43.6 CSR2. Currently the 124.59 acres of CRP from two contracts brings in $21,203 annually for a great return on investment. The largest CRP contract contains 116.52 acres and expires 9-30-2027; the smaller contract 8.07 acres expires 9-30-2022. This property also offers modest hunting opportunity with habitat for wildlife from the mix of CRP native grasses and modest amount of brush/timber. Lastly, this Iowa investment property offers future home or cabin sites just off a paved highway and within 5 miles of the Rathbun Lake Dam.